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Showing 1011 - 1020 of 4939 results for "fees"

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... the half-year to December 2021. Total NPAT for the period jumped 32% year on year; some $6.4 million came from performance fees. Pinnacle now has 16 affiliates with a combined funds under management of $93.6 billion, growing 33% year on year. Its share ...

SPDR ETFs cut fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
State Street Global Advisors (SSGA) has cut fees for four of its Australian SPDR ETFs. The fee cuts will be effective from Valentine's Day, 14 February 2022. The changes relate to two international ETFs and two domestic sector ETFs and include cost ...

NSW small businesses offered support

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... and the performing arts sector to help keep people employed. The package includes increasing the existing Small Business Fees, Charges and RAT Rebate by 50% from the current $2000 limit to $3000, which can be used by employing businesses to obtain RATs. ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
Australians have forked out $50.9 million on cryptocurrency trading fees as more intend to invest in this asset class. According to Finder, Bitcoin charges a fee of 0.6% based on the purchase price for parcels less than $10,000, while some exchanges ...

Stake offers $0 ASX brokerage

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
... during that time have maintained the core belief that there's no reason Australians should be stung with high brokerage fees, regardless of the market they're trading on," Stake chief executive and founder Matt Leibowitz said. "We launched ASX trading ...

Insignia loses self-employed advisers

KARREN VERGARA  |  THURSDAY, 27 JAN 2022
... financial advisers on its books; of which 480 were classified as self-employed. The attrition was due to the reset of management fees introduced on 1 October 2021 which many self-employed advisers decided not to pursue. "The revised fee model removes ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... Group Super's alternative assets portfolio. "We anticipate that Fulcrum's expertise, track record and competitive fees will add value to our broader investment portfolios," the fund said at the time. At the same time the fund divested Mount Pleasant ...

Advice firm rebrands, scores own AFSL

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... in the cards for some time and looked at other dealer groups before deciding to branch out. The increase in dealer group fees played a part in the practice applying for its own AFSL and in some cases fees have nearly tripled. Schonafinger said the firm ...

Strongest quarter for BlackRock

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... active strategies. The record organic growth for BlackRock means a 20% increase in full year revenue and record performance fees. Its earnings per share (EPS) was 16% higher for the full year as adjusted diluted EPS. BlackRock returned a total of $3.7 ...

Tough quarter for Pendal

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
... quarter in terms of our flows. However, we are responding with a clear set of actions and have delivered strong performance fees in line with those recorded in a prior year," Pendal chief executive Nick Good said. "Pendal continues to invest in distribution ...